Delta Air Lines is scheduled to report second-quarter results before the market opens Thursday. Here’s what you need to know.
PROFIT: The airline is expected to post a profit of $1.57 billion for the quarter that ended last month, down from $1.83 billion in the same quarter a year ago, according to the consensus estimate of six analysts polled by FactSet.
EARNINGS: Adjusted earnings, which strip out one-time items, are projected to be $2.37 a share, according to 15 analysts surveyed by FactSet.
REVENUE: Revenue is forecast to rise to $15.45 billion from $14.61 billion in the year-ago quarter, according to the estimates of 11 analysts polled by FactSet.
Shares slipped 2.7% during the quarter and were recently trading at $46.81.